Future of Electricity Policy and Solutions to Manage Electricity Costs

  • 2021 Business Conference Program Day 1
  • June 23, 2021
  • 3:15 pm - 4:30 pm

This session will provide a high-level overview of electricity policy and electricity pricing, as well as provide updates on consultations on industrial pricing, industrial conservation initiatives, capacity auction/demand response auction, and other government programs to support CDM and efficiency. Panel members will review energy policy and pricing and will explore solutions to manage the electricity costs of large industrial electricity consumers. The panel will consider three ways to manage energy costs: (1) through policy changes to lower costs; (2) by generating on-site or storage options; and (3) by reducing consumption.

Caroline Jageman will moderate the panel. She will begin by reviewing energy policy in Canada, focusing on the Ontario example. She will then discuss various policy initiatives implemented by provincial governments that have had the effect of increasing electricity costs as well as policies to manage costs. Her topics will include Ontario’s Green Energy policy, Global Adjustment, the various on-going reviews of industrial electricity pricing, the Industrial Conservation Initiative, the Capacity Auction and the Carbon Tax. She will also discuss industry’s ability to provide input into energy policy.

Guru Kalyanraman will present: “Energy Efficiency & Demand-Side Management as a solution to managing rising electricity costs”

Abstract:
The case for energy efficiency in the supply mix: how energy efficiency provides the least cost option for meeting future energy needs. Historical perspective of energy efficiency as a policy option in Ontario through Demand-Side management and the results thus far. Scan of policy options across NA in terms of meeting rising energy costs through EE policies (DSM) and some best practices/successfully implemented policy options.

Does adoption of energy efficiency require policy support such as programming through incentives? And is there a case for market uptake of energy efficiency measures when there is less of policy driven programming support? How market based EE is linked to sustainability?
Finally, tips for making the case internally within your organisations for energy efficiency.